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JackCurtis.com
July 17, 2018
February 22, 2017
An increase in pending home sales drops inventory further
“Just when we thought inventory couldn’t get any lower, it did,” said 2017 Columbus REALTORS® President Mic Gordon. “The increase in new listings wasn’t enough to offset the high number of homes that went into contract, bringing the number of homes left for sale to a new record low.”
There were 1,594 central Ohio homes and condos sold during the month of January, a 1.3 percent increase from January 2016, although down 29.2 percent from December.
The averages sale price of a home in January was $195,773, up 6.6 percent from one year ago. The median sales price was $160,800, a 5.1 percent increase over January 2016.
“Month after month, we’re seeing new records set for the central Ohio housing market,” Gordon said. “As long as inventory remains at record lows and demand remains strong, prices will continue to rise.”
During the month of January, central Ohio homes and condos spent an average of 50 days on the market, which is the lowest on record for the month. This is 10 days less than a year ago, but five days more than the previous month.
According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 98 percent of central Ohio REALTORS® would describe the current housing market as moderate to strong and 96 percent expect home prices to increase over the next year.
When asked what change they are seeing in the level of interest renters are expressing toward buying a home compared to last year, 65 percent said a substantial to slight increase in interest, 31 percent said no change and 4 percent said a substantial to slight decrease in interest.
February 4, 2017
Central Ohio housing market saw record highs and lows in 2016
Central Ohio ended 2016 with the highest number of home sales and the highest home prices on record. The year also saw the lowest month's supply and days on market, due to the lowest inventory levels on record for the Columbus REALTORS® Multiple Listing Service.
The 31,532 home sales recorded in 2016 rose 6.8 percent above 2015 and marked a 58.9 percent increase from our lowest point (2011) since the last housing boom in the mid 2000’s. Of those sales, 26, 832 were single family homes and 4,700 were condominiums. The average sales price of a central Ohio home in 2016 has now cleared the $200,000 mark at $202,224, up 5.8 percent from 2015 and up almost 30 percent from 2011. The median sales price of a home in 2016 was $170,000, which is 6.3 percent higher than the previous year.
Of the homes sold in 2016, 4,405 (14 percent) sold for $80,000 or below in an average of 61 days; 4,273 (14 percent) sold for $80,001 - $120,000, selling on average in 44 days; 5,902 (19 percent) sold between $120,001 and $160,000 and in about 32 days; 9,029 (29 percent) sold for $160,001 - $250,000 and sold in an average of 33 days; and 7,923 (25 percent) sold for over $250,000 and took about 54 days to sell.
“Soaring home prices are another reflection of how hot the central Ohio housing market is, which continues to be beneficial for anyone who might be looking to list their home for sale,” said Mic Gordon, 2017 President of Columbus REALTORS®. “With inventory at a record low, there couldn’t be a better time than the present to put your home on the market.”
Throughout 2016, the number of homes on the market stayed an average of 21.8 percent lower than in 2015. Central Ohio experienced the lowest inventory on record in the month of December 2016 with only 4,653 homes and condos available for sale. This is a 13.8 percent decline from November and 26.1 percent drop from the previous year.
The months supply of inventory at the end of 2016 hit a record low at 1.7 meaning that, if no more homes were added to the market, it would take less than two months to sell all of the homes and condos currently for sale in central Ohio. (A balanced market is usually around 6.5 months supply.) During 2016, central Ohio homes and condos spent an average of 43 days on the market – 12 days fewer than 2015 and another record low.
“With the highest sales and prices, yet the lowest inventory, 2016 was indeed a year of record highs and record lows for the Columbus region,” said Gordon. “Many houses are selling almost as quickly as they come on the market, which further affirms how attractive and desirable homes are in central Ohio.”
There were 1,468 central Ohio homes and condos added to the market in December, which is a 2.5 percent decrease in inventory from one year ago and 33.3 percent lower than the previous month (November). The average sales price of a home in December was $196,225, up 7.2 percent from last year. The median sales price was $163,000, a 5.2 percent increase over December 2015.There were 2,252 central Ohio homes and condos sold in December, which is a 1.1 percent increase over the previous month and remains unchanged from December 2015.
According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 94 percent of central Ohio REALTORS® would describe the current housing market as moderate to strong and 92 percent expect home prices to rise over the next year.
When asked how the residential real estate market will perform in 2017, 45 percent said it will improve at a fast to moderate rate, 43 percent said it will continue at its current rate, and 12 percent said it will slow at a fast to moderate rate.
November 29, 2016
How Secure is Your Home?
Home security is more than leaving a light on while you're away. It's investing in the peace of mind in knowing that you have adequate fire and carbon monoxide detection, an exit plan in case of fire, and protection from intruders. Fire and carbon monoxide safety can be insured by having the proper number of detectors and by properly maintaining them, but what is the best way to protect your home from a burglar?
According to the FBI, one home is broken into every 14.6 seconds. To understand what motivates a burglar and what they look for when choosing a home to rob, a researcher at the University of North Carolina at Charlotte examined 422 convicted offenders from North Carolina, Kentucky, and Ohio. According to the study, a majority of burglars considered the presence of alarms, outdoor cameras, and other surveillance equipment when choosing a potential. Approximately 83% of the offenders said they would attempt to determine if an alarm was present before attempting a burglary, and 60% said they would seek an alternative target.
Among those who discovered an alarm while attempting a burglary, 50% said they would discontinue the attempt, while another 31% said they would sometimes leave. Only 13% said they would always continue the attempt even after an alarm had been discovered. Other findings included that the presence of video surveillance was an effective deterrent. Nationwide Insurance reported that homes without security systems are three times more likely to be broken into. Almost one in three burglars reported entering via open windows or doors or forcing windows or doors open.
To get another perspective from those who commit the crimes, the investigative team at KGWH in Houston, Texas sent a survey to 86 inmates who were serving time for burglary in the Oregon Department of Corrections. Regarding lights on in a home, “I would drive through upper class neighborhoods looking for many things, like porch light on with all window blinds closed,” wrote one inmate. When asked if they knock before entering? Yes. All of the inmates who responded said they would knock on the front door before breaking in.
With this information, what does a homeowner do to protect themselves and their personal property?
- Invest in a home security system. The latest trends involve the use of smart phone technology, although industry experts expect to see a rise in hacking of these systems. Research which system and provider is best for you.
- Wait to post your vacation pics on social media until you get back home. Make sure the privacy settings on your accounts are strict.
- Lock your doors and windows.
- Install motion-detection lights around your home.
- Stop mail and newspaper delivery while your gone for extended periods.
- Get to know your neighbors and the cars they drive.
Some of these tips seem obvious, but according to Nationwide Insurance a high percentage of homeowners admit to at least one of these risky behaviors during the past year. We don't want you to be one of them.
November 8, 2016
Mortgage Minute: Do I Want to Buy a Home?
I am a big believer that people should be informed and educated on mortgage loans. This is the single largest purchase of your life and you only get one chance to do it right the first time. Home ownership is one of life’s major events, and it provides some unique personal and financial rewards. It can provide lasting stability and security and a great place to relax at the end of the day.
Here are a few things to consider if you’re still undecided about taking that leap:
- Home ownership may offer you important tax benefits.
- You’ll have the potential to build equity. This is the portion of your home that you’ve paid for, plus any rise in its value.
- You can decorate and remodel your home to suit your personal tastes.
- It’s a potential investment, since your home’s value may appreciate over the years.
- You won’t have to worry about your rent going up when your lease expires, or having to move if your rental property is no longer available or affordable.
This month we will discuss this very important step: Do I want to purchase a home?
Let’s think about that for just a second. The knee-jerk reaction is “of course I do," but in reality you have no idea how or where to start. The very first thing you should do is to find a mortgage lender. You can ask friends, family, or colleagues for the name of the lender they worked with when they purchased a home. Please know that it is important to feel informed and confident with your lender. Getting more than one option and talking to more than one lender is absolutely the right thing to do. I know, I know, I am a lender and other lenders will not be happy that I tell you to do that. The truth is that when you have your credit pulled for a mortgage within a 14-day period, it is very unlikely that your credit score will be impacted any more than if it were only one lender checking it. Do not have more than three lenders pull it because rates are rates and all lenders are very close in that area and when you have more than three options it becomes less helpful and more confusing.
Avoid online lenders. They are not familiar with all markets and central Ohio has its own quirks when it comes to who pays for what and what credits the buyer receives from the seller. You need to feel confident in your decision. You will feel like you are going to a financial therapist when you start talking to a lender. We ask questions that have always been “taboo” to talk about: How much money you make, the debts on your credit report, and how much money you have in the bank. These are all serious questions and are a requirement for your lender to know. This confidential information is not shared with anyone unless you as the borrower provide us with the permission to do so.
Let’s wrap this month’s discussion up with a final thought. Before you start house hunting, find a lender who cares about you, one you trust, and who has the knowledge to help you with purchasing the place you call home.
Cynthia is the Branch Manager at the Stearns Lending, 1900 Polaris Parkway in Columbus and can be reached at CCarr@Stearns.com.
October 24, 2016
Four Changes to Make Before You Sell Your Home
There is a shortage of homes on the market in Columbus, so properties are selling at record speed. Unfortunately though, there are still some houses that are not getting showings or selling because of their interior condition. Here are four changes to be sure to make before you list your home for sale.
1. Paint
Dark colors and unusual designs (stencils, murals) will not work when selling your house--light and bright is better. With a neutral wall color, the buyer can move their furnishings into the home without the need to paint over your color choices. The updated chandelier and dining furniture help with staging here, as buyers will be able to envision themselves having family dinners in this sunny room.
2. Bedding
There is nothing wrong with quilts or traditional bedding while you live in the home, but a modern style is needed to sell it to someone else. The bedroom should look like a retreat where one can unwind after a busy day, so you may want to look through home decorating websites and magazines for ideas on how to make your bedrooms feel cozy, warm, and inviting. In this room, layers of fabric on the bed and side table add a luxurious feel to the space, while still making the room appear spacious and bright.
3. Light Fixtures
Shiny brass fixtures often found in older homes are out. This one has been replaced with a more modern fixture in a bronze tone, but other metallics also would have worked. Remember that lighting is the jewelry in a room, so it should sparkle and shine. Make sure your light bulbs are the brightest, highest wattage allowed in each fixture and turn all of them on during a showing. Dimmer switches are always a nice addition.
4. Window Treatments
Less is more when selling your home. The heavy window treatments of the past are not what a young buyer wants. Better to have blinds that can be opened to allow the natural light in and to see the view outside. In these pictures, the neutral paint color helps tremendously also--it barely looks like the same room!
This article and its photos were provided by accredited staging professional Stella Pseekos of Styled to Sell in Dublin, OH. Stella is a graduate of The Ohio State University and a long-time Columbus resident. She is affiliated with the Greater Dublin Realty Association, the Hilliard Area Realty Association, the Northwest Area Realty Association, the Southern Delaware Realty Association and served as the 2015 Secretary of the International Association of Home Staging Professionals, Columbus Chapter.
Dark colors and unusual designs (stencils, murals) will not work when selling your house--light and bright is better. With a neutral wall color, the buyer can move their furnishings into the home without the need to paint over your color choices. The updated chandelier and dining furniture help with staging here, as buyers will be able to envision themselves having family dinners in this sunny room.
There is nothing wrong with quilts or traditional bedding while you live in the home, but a modern style is needed to sell it to someone else. The bedroom should look like a retreat where one can unwind after a busy day, so you may want to look through home decorating websites and magazines for ideas on how to make your bedrooms feel cozy, warm, and inviting. In this room, layers of fabric on the bed and side table add a luxurious feel to the space, while still making the room appear spacious and bright.
Shiny brass fixtures often found in older homes are out. This one has been replaced with a more modern fixture in a bronze tone, but other metallics also would have worked. Remember that lighting is the jewelry in a room, so it should sparkle and shine. Make sure your light bulbs are the brightest, highest wattage allowed in each fixture and turn all of them on during a showing. Dimmer switches are always a nice addition.
Less is more when selling your home. The heavy window treatments of the past are not what a young buyer wants. Better to have blinds that can be opened to allow the natural light in and to see the view outside. In these pictures, the neutral paint color helps tremendously also--it barely looks like the same room!
This article and its photos were provided by accredited staging professional Stella Pseekos of Styled to Sell in Dublin, OH. Stella is a graduate of The Ohio State University and a long-time Columbus resident. She is affiliated with the Greater Dublin Realty Association, the Hilliard Area Realty Association, the Northwest Area Realty Association, the Southern Delaware Realty Association and served as the 2015 Secretary of the International Association of Home Staging Professionals, Columbus Chapter.
September 22, 2016
Columbus-Area Home Sales Remain Strong Heading Into Fall
It was a busy summer for home sales! There were 3,116 central Ohio homes and condos sold
during the month of August, a 4.8% increase over the previous
year. This was the highest number
of closed sales for the month of August ever recorded and the second
highest month for 2016, according to the Columbus REALTORS® Multiple
Listing Service.
“Central Ohio home buyers are still being very aggressive in their decisions to purchase homes" said 2016 Columbus REALTORS® President John Royer. “Since demand for homes continues to be so high, potential sellers are encouraged to get their home on the market – they don’t have anything to lose!"
The average sales price of a home in central Ohio during the month of August was $204,629, a 3.3% increase over August 2015. During the month of August, central Ohio homes and condos spent an average of 34 days on the market, which is 29.2% (14 days) shorter than last year and just one day longer than July.
“Inventory and new listings are beginning to taper, but this is to be expected as we head into the fall selling season" Royer said. “However, it’s still a terrific time to list your home as buyers remain eager for inventory and home values remain high.”
According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 98% of central Ohio REALTORS® would describe the current housing market as moderate to strong. When asked what the single most important factor that they believed limited their buyers from purchasing a property so far this year, 92% said difficulty finding the right property because of low inventory.
“Homes are continuing to fly off the market, even as inventory begins to dwindle,” Royer said.”
“Central Ohio home buyers are still being very aggressive in their decisions to purchase homes" said 2016 Columbus REALTORS® President John Royer. “Since demand for homes continues to be so high, potential sellers are encouraged to get their home on the market – they don’t have anything to lose!"
The average sales price of a home in central Ohio during the month of August was $204,629, a 3.3% increase over August 2015. During the month of August, central Ohio homes and condos spent an average of 34 days on the market, which is 29.2% (14 days) shorter than last year and just one day longer than July.
“Inventory and new listings are beginning to taper, but this is to be expected as we head into the fall selling season" Royer said. “However, it’s still a terrific time to list your home as buyers remain eager for inventory and home values remain high.”
According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 98% of central Ohio REALTORS® would describe the current housing market as moderate to strong. When asked what the single most important factor that they believed limited their buyers from purchasing a property so far this year, 92% said difficulty finding the right property because of low inventory.
“Homes are continuing to fly off the market, even as inventory begins to dwindle,” Royer said.”
September 7, 2016
Is Your Home Ready to Shoot?
We know how much is involved when getting your home ready to sell: the painting, cleaning, organizing, and maintenance tasks can seem endless. Once you're ready to put your home on the market, it will be professionally photographed for the MLS and social media. You'll be advised on how to stage each room and what changes should be made to make each room look its best.
When your photo shoot has been scheduled, walk through your home before the photographer arrives. You may even want to ask a friend to walk through it with you. Look at it with a fresh set of eyes and ask yourself, "Do I want potentially thousands of people to see my home looking like this?" These images will not only be on the MLS, but also on listing sites like Zillow, Trulia, and Realtor.com--you want them to look as good as possible. You may want to look through home decorating magazines for ideas on how to make your bed look beautiful, your bathroom spa like, and your patio one to envy.
The photo shoot will typically take an hour or two and will cover the entire interior and exterior of your property, except the inside of the garage (unless it has an amazing workbench or other upgrades) and the basement if it is unfinished. Do not be surprised if furniture and/or accessories have been moved for the sake of a better picture; that said, do not expect the photographer to do all of the heavy lifting and rearranging for you!
Here's a checklist to help you prepare:
Inside
When your photo shoot has been scheduled, walk through your home before the photographer arrives. You may even want to ask a friend to walk through it with you. Look at it with a fresh set of eyes and ask yourself, "Do I want potentially thousands of people to see my home looking like this?" These images will not only be on the MLS, but also on listing sites like Zillow, Trulia, and Realtor.com--you want them to look as good as possible. You may want to look through home decorating magazines for ideas on how to make your bed look beautiful, your bathroom spa like, and your patio one to envy.
The photo shoot will typically take an hour or two and will cover the entire interior and exterior of your property, except the inside of the garage (unless it has an amazing workbench or other upgrades) and the basement if it is unfinished. Do not be surprised if furniture and/or accessories have been moved for the sake of a better picture; that said, do not expect the photographer to do all of the heavy lifting and rearranging for you!
Here's a checklist to help you prepare:
Inside
- Clean, vacuum, and dust every room. Remove soap scum, scuffs, scratches, and fingerprints from as many surfaces as possible. Clean air vents. Have carpets shampooed and wood floors buffed, if necessary.
- We love pets, but not in the pictures! Keep them on a leash, in your arms, in the garage, or otherwise out of sight.
- Clear off the counters in kitchen. Store sponges, dish towels, and soap under the sink. Minimize small appliances except for the coffee maker, where you may want to set out a pair of mugs. Fresh flowers always look pretty in photos, as does a nicely set table or a large bowl of fruit.
- Remove photos, notes, drawings, sports schedules, calendars, magnets, menus, and papers from the refrigerator. When was the last time you saw it this empty?
- Turn on all interior lights including under-cabinet lights, lamps, and recessed fixtures. Consider purchasing daylight bulbs if your light bulbs have a yellow cast to them.
- Simplify rooms like the study or playroom that may be heavily furnished. Conversely, rearrange furniture to better fill sparse rooms. Make sure each room has a specific purpose so as not to confuse potential buyers.
- Make all the beds and tidy bedrooms. Put clothes hampers in the closet and store toys in bins and baskets.
- Add fluffy towels to the bathrooms and remove all tub toys, shampoo bottles, bathroom wipes, hair dryers, toothbrushes, and other personal items from the vanity and shower/tub. Put the toilet brush in the garage or under the sink. Close the toilet lid.
- Open the curtains and blinds in all rooms.
- Be selective with your accessories and knick knacks. Remove the wall of wedding and family photos and replace it with a gallery that combines art, maybe a decorative clock, and a few photos.
- Minimize religious art and political messages.
- Put trash cans in a closet.
- Turn off your computer.
- Let us know if your home contains valuable art or family heirlooms. We can make sure it is not included or is edited to be unrecognizable.
- Put your garbage cans, recycling bins, and yard waste in the garage.
- Store all gardening tools.
- Mow and edge the yard. Remove all weeds, dead branches, and spent flowers. Add fresh mulch where necessary.
- Add color to empty spaces with potted annuals or container gardens. Keep seasonal displays minimal and tasteful.
- Sweep the walks, driveway, and front porch.
- Turn on any outdoor features such as fountains or waterfalls.
- Remove all vehicles from the driveway and do not park directly in front of the house. Close the garage doors.
- Wipe down the patio furniture and open the patio umbrella if you have one.
- View your home straight on from the street. Can you see the front door? Make sure hedges and tree branches are pruned to make the front door look inviting.
September 6, 2016
What Do You Want in a Home?
Before your home search begins, we want to
know as much as possible about the features and amenities you want so that we can select the right properties for you to see. Although it helps to be flexible in your search, we don't want to show you a shotgun home in German Village when what you really want is a Craftsman-style home in Clintonville. By narrowing down your "must haves" and the "would-be-nice-to-have" options, we can make the best use of your time and energy.
Here are some ideas to guide you in creating the wish list for your new home.
Here are some ideas to guide you in creating the wish list for your new home.
Features
- Age: Do you prefer historic properties or newer ones?
- Style: Do you have a special preference for ranches, bungalows, or another style of construction?
- Bedrooms: How many?
- Bathrooms: How many? Are they updated?
- Living and dining areas: A traditional, formal layout, or a more open, contemporary plan?
- Stories: How many?
- Square feet: How much space?
- Ceilings: How high?
- Kitchen: How big? Recently updated? Open to other living areas?
- Storage: Big closets, a shed, an extra-large garage?
- Parking: A garage or carport? Room for how many cars?
- Extras: Attic or basement?
- Office
- Play/exercise room
- Security system
- Sprinkler system
- Workshop/studio
- In-law suite
- Fireplace
- Pool/hot tub
- Sidewalk
- Wooded lot
- Patio, deck, or porch
- Laundry room
April 21, 2016
The Two Most Influential Rooms in Your Home
Which rooms in your home make the
biggest difference to potential buyers? The KW Blog has the answers!
According to buyers, the kitchen and the master bath are the most
important rooms in your home. When deciding to undertake a remodeling
project, the article advises to invest your money where it matters:
by updating appliances and fixtures in these two rooms. For a
kitchen, this may mean installing updated lighting, wooden cabinets,
and stone or granite counter tops. To turn your master bath in to a
spa, the article advises turning to decorative mirrors and updated
faucets. For more information on how you can catch buyers' eyes with
an updated kitchen and master bath, read the full article on the blog
here.
April 7, 2016
Did You Know? Spring Cleaning Can Increase Property Value
Did You Know? Spring cleaning is
more than just a seasonal ritual – it can also help you sell your
home! The KW Blog advises that homeowners looking to sell should take
on projects that will have a lasting effect on their home's value,
such as fresh coats of paint on the interior and exterior of the
home. Homeowners should also consider cleaning out gutters and power
washing decks and driveways. These simple fixes can have a real
impact on property values and help make a good impression on buyers.
For the full list of spring cleaning tips, click
here.
March 24, 2016
Central Ohio on $750,000
![]() |
Photo via The Columbus
Dispatch
|
Each month The Columbus Dispatch
showcases a variety of homes within the Central Ohio area that fall
within the same price range. For February, the Dispatch featured
homes with prices close to $750,000. From a condo in Bexley to 20
acres in Mount Vernon, $750,000 can go a long way in Central Ohio.
See the full list here.
March 21, 2016
Gas Versus Electric: Which is Better to Heat Your Home?
Record low gas prices – and spiking
electricity costs – have many Central Ohioans rethinking the switch
from gas to electric heat. Several years ago, many homeowners
switched their heating system to electric in an effort to cut down on
utility costs. These same homeowners are now finding that gas heating
may have been the cheaper choice all along. Read the full article
from The Columbus Dispatch here
and let us know your thoughts. Do you have gas or electric heat?
Which system is better for you and your family?
February 25, 2016
Realtor.com's Open House Do's & Don'ts
Hosting an open house?
Ensure it's successful by avoiding these common mistakes.
- DON'T attend your open house. This is your realtor's opportunity to showcase the best parts of your home and allow potential buyers to ask questions. Your presence at an open house can put pressure on interested individuals and drive away potential buyers.
- DON'T leave your pets behind. Letting pets run free in your home during an open house can be annoying to potential buyers, especially those who aren't pet owners themselves. Realtor.com recommends sellers take their pets with them during the open house, for the safety of the animals and the sanity of potential buyers.
- DON'T forget the kitchen. An untidy kitchen will turn off potential buyers. Make sure your kitchen is just as spotless as the rest of your home by clearing dishes from the sink AND the dishwasher--because buyers may take a peek inside! Similarly, remove any odor-causing foods from the refrigerator.
- DO swap out your bath towels. To ensure each room of your home is “open house ready,” remove used bath towels from all bathrooms. Not only does this look more tidy, it prevents strangers from wiping their hands on your dirty bath towels during their bathroom breaks.
- DO hire a professional, if necessary. Sometimes you just need to call a pro. Professional house cleaners will save you time and stress as you prepare your home in other ways. They'll likely hit places you wouldn't think to clean like baseboards and switch plates, and can eliminate odors you may not even notice.
- DO get a second opinion. After you've cleaned and staged your home to your standards, ask an honest friend or neighbor for their opinion, as well. Realtor.com advises that a neutral third party can alert you to smells or eye sores you may be blind to.
- DO clean up your yard. This includes coiling garden hoses, hiding trash bins, and raking leaves. Objects cluttering your yard can also be a safety hazard for potential buyers crossing your yard for a closer look.
- DON'T forget to hide personal items. Realtor.com advises hiding all prescription medication, family photos, and any walkers or canes. Not only is it a good idea to depersonalize your home, but these items can also tip potential buyers off to personal information that may be used against you in the negotiation process.
February 18, 2016
Rental Demand in Columbus Remains High
Despite the city adding 3,300
apartments last year, rental demand in Columbus remains high.
According to an article by Columbus Business First, the amount of
vacant apartments in Columbus (which is already below average for the
country) will drop in 2016 to the lowest number since 2000. The
vacancy rate, at 4.9% last year, is expected to drop to 4.5% by the
end of the year. In terms of supply and demand, developers are
projected to complete 1,080 more units, while renters are expected to
occupy 1,650 more units in 2016. The article cites low interest
rates and “favorable apartment fundamentals” as the cause for the
rise in demand. For more information, read the full article here.
November 5, 2015
How to Cozy Up Your Home Without Cranking Up the Heat
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| via Pinterest |
1. Dust your light fixtures. Clean bulbs make your home seem brighter and warmer, but won't hurt your electric bill.
2. Check for leaks. Air can leak out through cracks around windows, doors, wall outlets, and electrical boxes.
3. Warm up with the fireplace of the future: Gel fireplace inserts can burn for up to three hours and are completely smoke and allergen-free, according to Houselogic.
4. Indoor plants can help brighten up your home, while decreasing dust. Try either the golden pothos or some gerbera daisies.
5. Let in the light by cleaning your window panes! More natural light can help cure the blues brought on by shorter days and colder temperatures.
6. After you've cleaned your window panes, take out the screens. Dirty screens make your home feel darker and screenless windows have great curb appeal!
2. Check for leaks. Air can leak out through cracks around windows, doors, wall outlets, and electrical boxes.
3. Warm up with the fireplace of the future: Gel fireplace inserts can burn for up to three hours and are completely smoke and allergen-free, according to Houselogic.
4. Indoor plants can help brighten up your home, while decreasing dust. Try either the golden pothos or some gerbera daisies.
5. Let in the light by cleaning your window panes! More natural light can help cure the blues brought on by shorter days and colder temperatures.
6. After you've cleaned your window panes, take out the screens. Dirty screens make your home feel darker and screenless windows have great curb appeal!
October 26, 2015
Five Maintenance Jobs You Need to Do This Fall
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| via MBdevelopment.com |
Some home improvement jobs are just too much for the summertime. Heavy lifting in heavy humidity isn't ideal and some projects just cannot get accomplished until it cools off. Check out Houselogic's top five maintenance jobs for cooler weather.
1. Improve attic insulation
Not only will working conditions be much more tolerable in cooler weather, but you'll be able to tell
what areas need insulation if there's a draft.
2. Seal the cracks
Another place you lose money through leaks is around windows and doors. With the colder weather
coming, you're going to want to keep warm air in and cool air out. Examine all windows, doors, and
siding and fill in leaks with waterproof silicone caulk.
3. Clean the gutters
Moisture can wreak havoc on a home's condition, so make sure your gutters are clear and your
downspouts are drawing water away from your foundation. Autumn's falling leaves can clog gutters
easily and it's important your gutters are clear before winter comes.
4. Plant a tree
Fall is a great time to plant a tree, advises Houselogic, since the tree's dormant state is easier on the root system. Check out our list of trees with the most beautiful fall colors before making your decision.
5. Clean your garage
Wouldn't it be nice to drive your car straight into your garage once winter rolls around? Most of us
don't have that luxury due to messy garages. Houselogic recommends taking a weekend this fall to sort through and organize everything in your garage and to get rid of the stuff you don't need. It's also a great opportunity to make sure all your snow equipment (snow blowers, shovels, etc.) is in good
working order before the first heavy snowfall.
5 Maintenance Jobs You Need to Do This Fall
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| via MBdevelopment.com |
Some home improvement jobs are just too much for the summertime. Heavy lifting in heavy humidity isn't ideal and some projects just cannot get accomplished until it cools off. Check out Houselogic's top five maintenance jobs for cooler weather.
1. Improve attic insulation
Not only will working conditions be much more tolerable in cooler weather, but you'll be able to tell
what areas need insulation if there's a draft.
2. Seal the cracks
Another place you lose money through leaks is around windows and doors. With the colder weather
coming, you're going to want to keep warm air in and cool air out. Examine all windows, doors, and
siding and fill in leaks with waterproof silicone caulk.
3. Clean the gutters
Moisture can wreak havoc on a home's condition, so make sure your gutters are clear and your
downspouts are drawing water away from your foundation. Autumn's falling leaves can clog gutters
easily and it's important your gutters are clear before winter comes.
4. Plant a tree
Fall is a great time to plant a tree, advises Houselogic, since the tree's dormant state is easier on the root system. Check out our list of trees with the most beautiful fall colors before making your decision.
5. Clean your garage
Wouldn't it be nice to drive your car straight into your garage once winter rolls around? Most of us
don't have that luxury due to messy garages. Houselogic recommends taking a weekend this fall to sort through and organize everything in your garage and to get rid of the stuff you don't need. It's also a great opportunity to make sure all your snow equipment (snow blowers, shovels, etc.) is in good
working order before the first heavy snowfall.
October 22, 2015
Prepare to scare with 9 spooky front porch decorations
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| via HGTV.com |
October 14, 2015
Five must-have components of a garage workshop
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| via HouseLogic |
The
first thing you'll need to set up a workshop is space! Set aside a
space at least 10 feet long and 6 feet deep for your workshop to
ensure you have enough room for any project you tackle.
In
addition to space for your projects, you'll also need space for your
supplies. Storage space is a must-have when designing your workshop.
Hang your tools on the wall or organize them into a tool box, just
make sure you keep them off your work bench!
Next,
you'll need well-lit space. Ensure each task is completed with care
by installing extra lighting around your work bench for up close
inspections.
The
work bench itself is a crucial component of the workshop. Make sure
it's constructed of durable material, so excessive hammering and
sawing won't phase it.
Last,
but certainly not least, you'll need a space that's easy to clean.
Sawdust and scraps can cause a huge mess, so construct a work area
that can be swept out with ease.
Want
instructions on how to build a bench DIY style? How about tips on
getting the right amount of electrical power to your garage?
Houselogic has the answers. Click
here
to get started.
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